X0306 4 2014-04-04 0 0001541157 Celsus Therapeutics Plc. CLTX 0001535610 SABBY MANAGEMENT, LLC 10 MOUNTAINVIEW ROAD SUITE 205 UPPER SADDLE RIVER NJ 07458 0 0 1 0 0001561018 Sabby Healthcare Volatility Master Fund, Ltd. C/O SABBY MANAGEMENT, LLC 10 MOUNTAINVIEW ROAD, SUITE 205 UPPER SADDLE RIVER NJ 07458 0 0 1 0 0001433766 Mintz Hal C/O SABBY MANAGEMENT, LLC 10 MOUNTAINVIEW ROAD, SUITE 205 UPPER SADDLE RIVER NJ 07458 0 0 1 0 Common Stock 2014-04-04 4 P 0 1000 6 A 687951 I See Footnotes Common Stock 2014-04-04 4 P 0 11250 6.08 A 699201 I See Footnotes Common Stock 2014-04-07 4 P 0 16900 5.64 A 716101 I See Footnotes Common Stock 2014-04-07 4 P 0 3754 6 A 719855 I See Footnotes Common Stock 2014-04-08 4 P 0 35500 5.36 A 755355 I See Footnotes This Form 4 is being filed by Sabby Healthcare Volatility Master Fund, Ltd. ("SHVMF"), Sabby Management, LLC ("Advisor") and Hal MIntz. The Advisor is the investment manager of SHVMF. Mr. Mintz is the manager of the Advisor. The amounts reported herein reflect the entire amount of the Issuer's securities held by SHVMF as of each transaction date. Each of the Advisor and Mr, Mintz disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16"), beneficial ownership of such securities, except to the extent of its/his pecuniary interest therein, and this report shall not be deemed an admission that either the Advisor or Mr, Mintz is the beneficial owner of such securities for purposes of Section 16 or otherwise. /s/ Robert Grundstein, COO and General Counsel of Sabby Management, LLC 2014-04-08